Monitored by Woofun AI, the dominant ETH short position on Hyperliquid, identified as 'pension-usdt.eth', has intensified its bearish stance by adding $8.78 million to its exposure. This strategic expansion pushes the total short position value to approximately $85 million, reflecting a substantial accumulation of downside risk.

The position maintains an average entry price of $1,734.41, with a calculated liquidation threshold set at $2,435. This wide margin suggests the trader is prepared for significant upward volatility while maintaining a firm conviction that ETH prices will remain below the liquidation level.